Shareholder Early Warning Filing

GEORGE W. SANDERS 416 Collett Rd., Kelowna, B.C.

V1W 1K7 August 25, 2016 SHAREHOLDER EARLY WARNING FILING In accordance with the requirements of Section 3.1 of National Instrument 62-103, George Sanders, President of Goldcliff Resource Corporation, #400 789 W. Pender St., Vancouver, B.C. V6C 1H2 (the “Issuer”) announces that on August 24, 2016 he acquired 1,200,000 common shares (the “Shares”) and 600,000 share purchase warrants (the Warrants) by way of non-brokered private placement. Mr. Sanders now owns or has control of 2,084,000 Shares of the Issuer, or approximately 16.74% of the current issued and outstanding Shares of the Issuer.

Mr. Sanders acquired the 1,200,000 Shares of the Issuer at a price of $0.19 per Share pursuant to a non-brokered private placement. Immediately prior to the completion of the acquisition, Mr. Sanders held 884,000 common shares representing approximately 8.97% of the issued and outstanding common shares of the Issuer. Prior to the completion of the acquisition, Mr. Sanders also held 200,000 options to purchase common shares and 100,000 share purchase warrants for the purchase of an additional 100,000 common shares of the Issuer. Immediately after the completion of the acquisition, Mr. Sanders held 2,084,000 common shares representing 16.74% of the issued and outstanding common shares of the Issuer. Mr. Sanders also holds 200,000 options to purchase common shares and 700,000 share purchase warrants for the purchase of an additional 700,000 common shares of the Issuer. Assuming the exercise of the options and share purchase warrants, Mr. Sanders would own a total of 2,984,000 common shares of the Issuer, or approximately 22.35% of the Issuer’s then issued and outstanding share capital assuming no other common shares of the Issuer are issued.

Mr. Sanders acquired the Shares for investment purposes and may acquire additional securities or dispose of existing securities of the Issuer, in the market or privately, from time to time as circumstances warrant. The securities of Mr. Sanders set out above are held directly, and not through control of another entity. The Issuer trades on the TSX Venture Exchange under the symbol “GCN”

A copy of the early warning report filed by Mr. Sanders in connection with this acquisition is available on the SEDAR website at www.sedar.com or by contacting Mr. Sanders at (250) 764-8879.

For further information, please contact George W. Sanders, President, at 250-764-8879, toll free at 1-866-769-4802 or email at [email protected].